Salem and Ruth Ann Abraham
Salem and Ruth Ann Abraham is a private foundation, based in Canadian, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $75K. Net investment income was $75K.
Key facts about Salem and Ruth Ann Abraham
In short: Salem and Ruth Ann Abraham gave $75K across 2 grants in 2024 (avg $38K), mostly in California. Source: 2024 IRS Form 990-PF.
- EIN
- 26-1568488
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $75,000
- Grants made (2024)
- 2
- Average grant
- $37,500
- Median grant
- $37,500
- Total assets
- $1,999,964
- Primary geography
- California (67% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+5.9% YoY
Annual Giving
$75K
-25.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$38K
-25.0% YoY
Under IRS private-foundation payout rules, Salem and Ruth Ann Abraham reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.
How Salem and Ruth Ann Abraham gives
- Giving fell 70% from 2021 to 2024. Method
- In 2024 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $75K (2024) to $595K (2020). In 2024 it made 2 grants totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Stanford University ($50K). Together the top 2 received $75K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 11 grants of 18 (61%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Stanford, CA | The Stanford Fund | $50,000 |
| University of Notre Dame Notre Dame, IN | President's Circle | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,999,964 | $1,888,692 | $1,813,798 |
| Revenue | $66,944 | $-4,762 | $138,203 |
| Expenses | $78,111 | $107,749 | $122,555 |
| Qualifying Distributions | $75,000 | $100,000 | $120,000 |
| Net Investment Income | $75,332 | $46,929 | $139,279 |
| Distributable Amount | $97,091 | $85,646 | $97,315 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Salem and Ruth Ann Abraham is led by Salem Abraham, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Salem Abraham
President
On filings since 2020
No compensation reported
Ruth Ann Abraham
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Salem and Ruth Ann Abraham
How much does Salem and Ruth Ann Abraham give each year?
Salem and Ruth Ann Abraham gave $75K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $100K across 2 grants.
How large is Salem and Ruth Ann Abraham?
Salem and Ruth Ann Abraham reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $97K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Salem and Ruth Ann Abraham operate?
Salem and Ruth Ann Abraham has awarded grants in California, Colorado, Connecticut, Indiana, New York, Texas.
What is Salem and Ruth Ann Abraham's EIN?
Salem and Ruth Ann Abraham's EIN (Employer Identification Number) is 26-1568488. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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